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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Riverside, Business Loans > Security Bank Of California Riverside Business Loans > Physicians Loan | ||||
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Riverside SBA Lenders
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Riverside, California Bank Gives SBA Loan to Physicians CompanyGet to know Riverside, California banks that specialize in small business loans and know how to work with entrepreneurs. Security Bank Of California is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Escondido, California starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Security Bank Of California. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender SECURITY BANK OF CALIFORNIA This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621111 - Physicians Loan Approval Date 9/27/2007 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $175,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Security Bank Of California and they will explain how you can get an SBA loan for your company. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Dealing With Venture Capitalists Banks in Riverside, California SBA Participating Banks in California
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